ESGE vs VWO: Holdings Overlap
ESGEiShares ESG Aware MSCI EM ETF
iShares · 307 holdings · $6.8B · as of 2026-05-31
VWOVanguard Emerging Markets Stock Index Fund
Vanguard · 5015 holdings · $124.9B · as of 2026-04-30
Holdings snapshots are 31 days apart (ESGE: 2026-05-31, VWO: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ESGE and VWO?
iShares ESG Aware MSCI EM ETF (ESGE, by iShares) holds 307 positions; Vanguard Emerging Markets Stock Index Fund (VWO, by Vanguard) holds 5015. They have 236 holdings in common, and by portfolio weight the two funds are 46.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 46.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 236ESGE holds 307 · VWO holds 5015
- Weight in Shared Holdings
- ESGE 72%·VWO 51%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ESGE
71 of 307 positions (26.7% of the fund) are not held by VWO. Showing the top 30 by weight.
Sector Breakdown
| Sector | ESGE | VWO |
|---|---|---|
| Information Technology | 41.7% | 23.7% |
| Financials | 14.8% | 12.6% |
| Consumer Discretionary | 5.8% | 7.0% |
| Communication Services | 6.5% | 5.7% |
| Materials | 2.0% | 3.4% |
| Other Sectors | 6.1% | 9.5% |
| Unclassified | 22.1% | 37.4% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (22% of ESGE, 38% of VWO).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ESGE | +0.1% | +20.1% | +34.1% | +20.5% | +7.1% | +9.1% | 2.15% |
| VWO | +2.7% | +12.6% | +22.3% | +16.6% | +6.6% | +7.9% | 2.29% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ESGE vs VWO →
Shared Holdings(236)
The top 10 shared positions account for 53% of the overlap, led by TSMWF, 700 and 9988.
 TSMWFTaiwan Semiconductor Manufacturing Co. Ltd. | 14.90% | 14.61% | 14.61% |
|---|---|---|---|
 700Tencent Holdings Ltd. | 2.64% | 3.26% | 2.64% |
 9988Alibaba Group Holding Ltd | 1.96% | 2.55% | 1.96% |
 2308Delta Electronics Inc | 1.43% | 1.17% | 1.17% |
 2454MediaTek Inc | 1.50% | 1.06% | 1.06% |
 C6TChina Construction Bank Corp | 1.21% | 0.85% | 0.85% |
 HDFCBHDFC Bank Ltd. | 0.86% | 0.80% | 0.80% |
 RELIANCEReliance Industries Ltd | 0.66% | 0.90% | 0.66% |
 HNHAFHon Hai Precision Industry Co Ltd | 0.63% | 0.74% | 0.63% |
 1810Xiaomi Corp | 0.49% | 0.56% | 0.49% |
 RJHISARAl Rajhi Bank | 0.80% | 0.47% | 0.47% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.63% | 0.46% | 0.46% |
 3711ASE Technology Holding Co Ltd | 0.56% | 0.44% | 0.44% |
 1211RUBBYD Co Ltd. 'H'CNY1 | 0.49% | 0.42% | 0.42% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.41% | 0.62% | 0.41% |
 AUAnglogold Ashanti PLC COM SHS | 0.43% | 0.40% | 0.40% |
 ICICIBCICICI Bank Ltd | 0.40% | 0.61% | 0.40% |
 INFOInfosys Ltd | 0.51% | 0.38% | 0.38% |
 9999NetEase Inc | 0.43% | 0.37% | 0.37% |
 3690Meituan, B Shares | 0.36% | 0.50% | 0.36% |
 PETR3Petroleo Brasileiro SA - Petrobras | 0.54% | 0.36% | 0.36% |
 GFIGold Fields Ltd. | 0.47% | 0.33% | 0.33% |
 2345Accton Technology Corp | 0.32% | 0.31% | 0.31% |
 9618JD.com Inc | 0.34% | 0.31% | 0.31% |
 9888Baidu, Inc., A Shares | 0.34% | 0.29% | 0.29% |
Frequently Asked Questions
How much do ESGE and VWO overlap?
ESGE and VWO overlap by 46.6% of portfolio weight. They share 236 holdings (ESGE holds 307 positions and VWO holds 5015), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGE and VWO?
The two portfolios are 46.6% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of ESGE and VWO?
The largest positions held by both funds are TSMWF, 700, 9988, 2308 and 2454. Together the top 10 shared positions account for 53% of the total overlap.
What does ESGE own that VWO doesn't?
71 positions (26.7% of ESGE) are unique to ESGE, led by 005930, 000660 and 005935. In the other direction, 4779 positions (48.7% of VWO) are unique to VWO.